Days Inventory is also known as Days Sales of Inventory (DSI). Sprint's Average Total Inventories for the
three
months ended in Dec. 2019 was $1,040 Mil. Sprint's Cost of Goods Sold for the
three
months ended in Dec. 2019 was $3,565 Mil.
Hence, Sprint's Days Inventory for the
three
months ended in Dec. 2019 was 26.62.
The historical rank and industry rank for Sprint's Days Inventory or its related term are showing as below:
S's Days Inventory is not ranked *
in the Telecommunication Services industry.
Industry Median: 19.215 * Ranked among companies with meaningful Days Inventory only.
Sprint's Days Inventory
increased
from Dec. 2018 (22.76) to Dec. 2019 (26.62).
It might indicate that Sprint's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sprint's Inventory Turnover for the
three
months ended in Dec. 2019 was 3.43.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Sprint's Inventory-to-Revenue for the
three
months ended in Dec. 2019 was 0.13.
Sprint Days Inventory Historical Data
The historical data trend for Sprint's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Telecom Services subindustry, Sprint's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sprint's Days Inventory Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Sprint's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sprint's Days Inventory falls into.
Sprint Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sprint's Days Inventory for the fiscal year that ended in Mar. 2019 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sprint (NYSE:S) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Sprint's Inventory Turnover for the
three
months ended in Dec. 2019 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Sprint's Inventory to Revenue for the
three
months ended in Dec. 2019 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Sprint Days Inventory Related Terms
Thank you for viewing the detailed overview of Sprint's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.
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